3 ms·

I made money on my model 3 from just a year ownership. It’s wild.

• AnimalMuppet 5y ago
  Wild indeed, and unsustainable. There's going to be a correction. What will the correction look like? It almost has to look like the price of cars crashing, doesn't it? It will start with new cars being overproduced, dropping in price, then used cars dropping. 2023 might be a good time to buy a car, if you can hold on until then...
  • dawnerd 5y ago
    Same with the housing market. I cashed in this last month on my house and just going to wait out a correction. Totally not sustainable.
    • deleted 5y ago
      [deleted]
    • gruez 5y ago
      sounds like shorting the market, which is tough because the market usually goes up. Even if you're right in assessing it's overvalued, if it doesn't crash in a reasonable amount of time, the bottom might still be higher than what you sold at.
  • throwaway0a5e 5y ago
    >What will the correction look like? It almost has to look like the price of cars crashing I really hope this happens harder/faster than inflation just so we get a couple years free of morons on the internet screeching about how their 4Runner holds value.